Colorado Association of REALTORS | REALTOR® News
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REALTOR® News

Colorado Association of REALTORS® Announces 2024 Leadership

Jason Witt Installed as 2024 President ENGLEWOOD, CO - The Colorado Association of REALTORS® (CAR) installed Jason Witt as President of the Colorado Association of REALTORS® at its annual convention in Snowmass, CO, a role he will assume from Dec. 1, 2023, through Nov. 30, 2024. “We are looking forward to Jason and his leadership at CAR.  His passion and servant leadership...

With slowing activity across the state, housing prices buoyed by luxury market sales

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite small increases in the overall inventory supply, higher mortgage interest rates continue to broaden the traditional seasonal slowdown in housing markets across the seven-county Denver metro area and in markets statewide. As a result, buyers willing to come off the sidelines have gained a little advantage and sellers, willing to sacrifice their 3.5% and lower interest...

Buyers and sellers settling into the new normal

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Whether in the seven-county Denver metro area or in housing markets statewide, continued higher mortgage interest rates have kept many buyers on the sidelines, as sellers face a growing pressure to adjust pricing and make concessions to get deals completed, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis...

A Letter From Your CAR Leadership Team

CAR Membership, In the face of recent allegations involving the National Association of REALTORS® and the resignation of the 2023 NAR President, we acknowledge and understand that as an industry, we’re at the precipice of challenging times. As Colorado REALTORS® who proudly wear the REALTOR® R and work tirelessly for your communities, your clients, and your industry, you have concerns and...

CAR Committee Applications Due Oct. 31

Whether it’s the Professional Standards Committee, Strategic Thinking Committee, Colorado Project Wildfire, or any other of CAR’s 20 committees, your involvement is essential. Becoming an involved committee member is what makes our association strong and builds your business. Your time working on a CAR committee will create professional connections and lifelong friendships. CAR is accepting committee applications through Oct. 31 for the...

Housing markets mellow with weakening prices and softening demand

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Temperatures ran hotter in July, but the housing market did not follow suit thanks to the continuation of elevated interest rates and a lighter inventory of active listings as more and more would-be sellers choose to sit on their low interest rate mortgages rather than move, according to the latest Market Trends Housing Report and analysis from...

REALTORS® See Increase in Seller Impersonation Scams

See Seller Impersonation Fraud Red Flags and Best Practices Federal law enforcement has seen an increase in real estate fraud involving vacant property, according to a joint advisory issued by the U.S. Secret Service and CertifID. CertifID Chairman Thomas Cronkright explained the scheme: a scammer looks up ownership records of a vacant property online, and pose as that property’s owner to hire a...

We’re Seeking YOU to Help Enhance Real Estate Forms and Transaction Management Software

Apply to be part of the Colorado Association of REALTORS® Task Group: We are seeking REALTOR® Members interested in testing and evaluating real estate forms and transaction management software. We believe that by leveraging the expertise of experienced professionals like you, we can enhance the effectiveness and efficiency of real estate forms software used across our industry in Colorado. Commitment will be...

LPC and CARPAC Accepting Member Applications through Sept. 15

REALTORS® need a voice in state legislation to ensure that public policy is supportive of a healthy real estate market for today and tomorrow. We encourage you to apply for CAR’s Political Action Committee (CARPAC) and Legislative Policy Committee (LPC) for 2024. The deadline to send applications is Friday, September 15. More details about the individual committees can be found at...

Fast-paced spring housing market never arrived; Smaller pool of buyers starting to have a little more ‘fun’

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The typical fast-paced spring housing market just never materialized as higher interest rates and a less than eager group of potential sellers kept transactions limited and prices steady, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite the ongoing challenges, a smaller pool of buyers began to have ‘a...